Opendoor’s stock jumped over 40% on Friday after President Donald Trump unveiled a proposal for the federal government to purchase up to $200 billion in agency mortgage-backed securities. The move is intended to lower long-term borrowing costs and accelerate home sales nationwide. Market participants noted that this direct intervention could increase liquidity in the single-family rental market, where Opendoor holds roughly 5 percent of its inventory. The company’s loan origination arm, which accounted for 20 percent of its total revenues in the previous quarter, stands to benefit from the anticipated reduction in mortgage rates by as much as 50 basis points.

Analysts say the bond-buying plan could reduce Opendoor’s cost of capital, currently estimated at around 4.5 percent for its bridge loan facility, by up to 25 basis points. This would lower carrying costs on the company’s active home portfolio—which averaged 8,200 properties last quarter—by approximately $1.5 million per month. In addition, the improved mortgage market dynamics may enable Opendoor to increase its market share in key Sun Belt regions, where inventory turnover accelerated by 15 percent over the past six months. Opendoor’s management affirmed during the latest investor call that they are evaluating expanded financing lines and potential partnerships with mortgage servicers to capitalize on the anticipated surge in buyer demand.